11
Dec
09:18
BC Iron closes Nullagine
Australia’s BC Iron has decided to suspend production of direct shipping ore (DSO) at its Nullagine joint venture with FMG. The company’s shares resumed trading and the company expects to continue other operations but the close removes around 6 million tonnes/year of iron ore supply from the market, Kallanish notes.
“BC Iron is a price taker,” notes managing director Morgan Ball. The Kallanish index hit $37.81/dry metric ton cfr…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous